ASE Technology Clocks 16% Revenue Growth In Q3

ASE Technology Holding Co, Ltd ASX reported its unaudited consolidated net revenues for September and the third quarter of 2022.
ASE reported 12.2% year-on-year net revenue growth to $2.2 billion in September.
Also Read: ASE Tech Beats On Q2 Earnings, Margin Expands
The net revenue grew by 15.5% Y/Y to $6.3 billion during the third quarter of 2022.
Net revenues for ATM assembly, testing, and material business declined 3.1% Y/Y to $1.1 billion in September.
Net revenues for ATM assembly, testing, and material business grew 1.3% Y/Y to $3.3 billion in Q3.
Price Action: ASX shares closed lower by 2.5% at $5.07 on Monday.